Chinh Chu sells 121,209 shares of Dun & Bradstreet Holdings, Inc. (NYSE: DNB)
Dun & Bradstreet Holdings, Inc. (NYSE:DNB – Get Rating) head Chinh Chu sold 121,209 shares of the company in a trade on Thursday, June 2. The stock was sold at an average price of $16.61, for a total transaction of $2,013,281.49. Following the transaction, the administrator now directly owns 11,009,194 shares of the company, valued at $182,862,712.34. The sale was disclosed in a document filed with the SEC, accessible via this hyperlink.
Shares of NYSE DNB traded at $0.11 during midday trading on Monday, hitting $16.56. The company had a trading volume of 1,404,467 shares, compared to an average volume of 1,740,873. The company has a quick ratio of 0.75, a current ratio of 0.75 and a leverage ratio of 0, 99. Dun & Bradstreet Holdings, Inc. has a 12-month low of $14.31 and a 12-month high of $22.88. The company has a 50-day simple moving average of $16.68 and a two-hundred-day simple moving average of $18.08. The company has a market capitalization of $7.19 billion, a price-earnings ratio of -91.38, a growth price-earnings ratio of 2.13 and a beta of 0.60.
Dun & Bradstreet (NYSE:DNB – Get Rating) last reported quarterly earnings data on Monday, May 9. The business services provider reported EPS of $0.24 for the quarter, beating the consensus estimate of $0.23 by $0.01. Dun & Bradstreet recorded a negative net margin of 3.55% and a positive return on equity of 12.28%. The company posted revenue of $536.00 million in the quarter, compared to $527.29 million expected by analysts. In the same quarter last year, the company earned $0.23 per share. The company’s revenue for the quarter increased by 5.3% compared to the same quarter last year. On average, stock analysts expect Dun & Bradstreet Holdings, Inc. to post an EPS of 1.09 for the current year.
Several brokerages have published reports on DNB. Bank of America began covering Dun & Bradstreet shares in a research report on Friday, March 11. They set an “underperforming” rating on the stock. Zacks Investment Research downgraded Dun & Bradstreet shares from a “buy” rating to a “hold” rating in a Wednesday, May 18 research report. Credit Suisse Group lowered its price target on Dun & Bradstreet shares from $30.00 to $23.00 and set an “outperform” rating on the stock in a Tuesday, May 10 research report. Deutsche Bank Aktiengesellschaft launched a hedge on Dun & Bradstreet shares in a Wednesday, March 30 report. They issued a “holding” rating and a target price of $20.00 on the stock. Finally, StockNews.com launched coverage on Dun & Bradstreet shares in a Thursday, March 31 report. They issued a “holding” rating on the stock. One financial analyst has assigned the stock a sell rating, six have assigned a hold rating and two have assigned the stock a buy rating. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $20.63.
Institutional investors and hedge funds have recently changed their positions in the company. Brinker Capital Investments LLC acquired a new position in Dun & Bradstreet during the fourth quarter worth approximately $1,127,000. AGF Investments Inc. increased its position in Dun & Bradstreet by 87.0% during the fourth quarter. AGF Investments Inc. now owns 18,700 shares of the business services provider worth $383,000 after acquiring 8,700 additional shares in the last quarter. CNA Financial Corp increased its position in Dun & Bradstreet by 3.3% during the fourth quarter. CNA Financial Corp now owns 620,000 shares of the business services provider worth $12,704,000 after acquiring an additional 20,000 shares in the last quarter. WINTON GROUP Ltd acquired a new position in Dun & Bradstreet during the fourth quarter worth approximately $426,000. Finally, Invesco Ltd. increased its position in Dun & Bradstreet by 8.2% during the fourth quarter. Invesco Ltd. now owns 2,035,068 shares of the business services provider worth $41,698,000 after acquiring an additional 154,452 shares in the last quarter. Institutional investors hold 93.47% of the company’s shares.
Dun & Bradstreet Company Profile (Get an assessment)
Dun & Bradstreet Holdings, Inc provides business decision data and analytics in North America and internationally. It offers finance and risk management solutions, including D&B Finance Analytics, an online application that provides clients with real-time access to its information, comprehensive monitoring and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into business applications for real-time credit decision making; D&B Small Business, a suite of powerful tools that enables SMEs to monitor and build their business credit history; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisions and reports; and InfoTorg, an online SaaS application.
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